Showing results 1 - 4 of 4
April 13, 2023, Paper: "The behavior of artificial intelligence (AI) algorithms is shaped by how they learn about their environment. We compare the prices generated by AIs that…
Firm Learning and Market Equilibrium. Ariel Pakes, 2018, Paper, "One goal of the field of industrial organization is to predict the response of markets to environmental or…
June 20, 2018, Paper: "This paper develops a computational framework to analyze dynamic auctions. We modify the Experience Based Equilibrium concept to account for dynamic…
Methodological Issues in Analyzing Market Dynamics. Ariel Pakes, February 11, 2015, Paper. "This paper investigates progress in the development of models capable of…